Many employers that sponsor an employee benefit plan opt to obtain fiduciary liability insurance in addition to a fidelity bond, though ERISA only requires the latter. Not to be confused with the fidelity bond, which insures a plan against loss due to fraud or dishonesty by people who handle plan funds or other property ...
The Lexington-Fayette Urban County Government’s minimum wage ordinance went into effect earlier this month, increasing the minimum wage requirements for all employers within Lexington-Fayette County. As of July 1, 2016, the minimum wage for Lexington is $8.20 per hour. On the same date, Louisville’s minimum wage hit ...
By now, I assume most employers and others who keep up with developments in labor and employment law are familiar with the U.S. Department of Labor’s (DOL) controversial “persuader rule” that was set to take effect on July 1 of this year. For those who are not familiar with it, here is a summary of what all the fuss is about ...
Last week, the EEOC released a review of its efforts to combat systemic discrimination over the last decade. The review, which comes on the 10th anniversary of its 2006 Systemic Task Force Report, boasts that the EEOC “has made substantial progress in building a systemic program that is strategic, nationwide ...
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